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A service for energy industry professionals · Saturday, April 26, 2025 · 806,944,560 Articles · 3+ Million Readers
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OPEC & Brent Crude News Monitoring

  • Published on Apr 25, 2025

    UAE economy is the fastest growing in the region at 4.5%

    A Reuters poll forecasts that the UAE's economy will grow by 4.5% this year, down from the 5.0% forecast in January, but it will still be the fastest in the region. The Reuters poll, conducted from April 9 to 24, surveyed 19 economists, forecast that …

    Source: Gulf Today - Pro-Government
  • Published on 00:15 GMT

    USD/CAD Holds Firm As Mixed Trade Headlines Cloud USD Outlook

    Friday, April 25, 2025 3:34 PM EDT Image Source: Unsplash The USD/CAD pair holds steady around the 1.3900 zone on Friday as markets weigh fresh US-China trade headlines and stronger oil prices against a firmer Greenback. The US Dollar Index (DXY) is …

    Source: myMotherLode - Pending
  • Published on Apr 23, 2025

    Oil prices fall nearly 2%, sources say OPEC+ to consider accelerating oil output in June

    HOUSTON: Oil prices fell almost 2% on Wednesday as sources said OPEC+ could accelerate its oil output increases next month, but losses were curbed after a report that U.S. President Donald Trump may cut tariffs on Chinese imports. Brent crude futures were …

    Source: Business Recorder - Neutral
  • Published on Apr 25, 2025

    Oil up but heads for weekly drop under supply pressure

    2025-04-25T05:29:20+00:00 font Enable Reading Mode A- A A+ Shafaq News/ Oil prices rose for a second session on Friday buoyed by potential de-escalation of the U.S.-China trade war, but the market was headed for a weekly decline amid concerns about …

    Source: Shafaq News - Indeterminate
  • Published on Apr 25, 2025

    Lower oil prices drag UAE markets down

    DUBAI: Stock markets in the United Arab Emirates closed lower on Friday, in line with oil prices as oversupply concerns amid uncertainty around tariff talks between the US and China dampened market sentiments. Worries are growing about excess supply. …

    Source: Business Recorder - Neutral
  • Published on Apr 25, 2025

    Oil posts weekly fall on tariff worry and rising supplies

    NEW YORK (Reuters) -Oil prices edged higher on Friday but posted a weekly decline, under pressure from market expectations of oversupply and uncertainty around tariff talks between the U.S. and China. Brent crude futures settled 32 cents higher at $66.87 a …

    Source: Mint - Neutral
  • Published on Apr 25, 2025

    Oil set for weekly fall under supply pressure

    By Enes Tunagur LONDON (Reuters) -Oil prices fell on Friday and were set for a weekly decline of over 2% on the back of oversupply concerns and uncertainty around tariff talks between the U.S. and China. Brent crude futures (BZ=F) fell 86 cents to $64.79 a …

    Source: Yahoo Finance - Pending
  • Published on Apr 25, 2025

    Trump’s push to 'unleash' US energy runs into economic, tariff headwinds

    WASHINGTON (TNND) — The Trump administration is using emergency authority to speed of the approval of fossil fuel and mining projects on federal land in its push to ramp up domestic production of fossil fuels and critical minerals. Environmental reviews …

    Source: KOMO News - Washington State - Center-right
  • Published on Apr 25, 2025

    Oil drops, set for weekly fall on tariff worry and rising supplies

    Brent, WTI down, erasing gains following tariff uncertainty * Both contracts set for weekly declines * OPEC+ to consider another accelerated oil output hike for June NEW YORK, April 25 (Reuters) - Oil prices fell on Friday and were set for a weekly decline …

    Source: London South East - Neutral
  • Published on Apr 25, 2025

    Weekly economic wrap: Policy reversals and lowest inflation in 5 years

    The Inflation rate was good news this week, but we will have to wait to see whether scrapping the VAT increase was a good idea. This week was marked by policy reversals and clarifications in South Africa and the US as policymakers had to confront the …

    Source: The Citizen (South Africa) - Center-right
  • Published on Apr 25, 2025

    Oil prices see weekly decline as oversupply concerns and trade tensions

    Oil prices fell on Friday and were poised for a weekly decline of over 3%, driven by concerns over oversupply and uncertainty surrounding tariff talks between the United States and China. Brent crude futures dropped by 82 cents to $65.73 a barrel, marking …

    Source: Profit by Pakistan Today - Neutral
  • Published on Apr 25, 2025

    Oil Prices Record Weekly Loss Despite Global Supply Set To Expand

    Oil prices edged higher but were prepared for a weekly loss, as a potential increase in OPEC+ output and the possibility of a ceasefire between Russia and Ukraine could raise supply. The volatility of oil is an unavoidable difficulty that the world has …

    Source: The Global Economics - Neutral
  • Published on Apr 24, 2025

    Oil prices decrease. Stakes on trade negotiations with the U.S.

    0 Oil prices fell by almost 3% on Wednesday following the possibility that the Organization of the Petroleum Exporting Countries would consider accelerating the pace of oil production growth in June, IPN reports, with reference to Reuters. Brent crude …

    Source: IPN - Neutral
  • Published on Apr 25, 2025

    Mideast Stocks: Lower oil prices drag UAE markets down

    Stock markets in the United Arab Emirates closed lower on Friday, in line with oil prices as oversupply concerns amid uncertainty around tariff talks between the U.S. and China dampened market sentiments. Worries are growing about excess supply. Several …

    Source: Zawya - Indeterminate
  • Published on Apr 25, 2025

    Oil prices post slight increase

    Facebook Twitter LinkedIn WhatsApp Global oil prices recorded a slight uptick on Thursday, April 24, following a 2% decline the previous day. Brent crude rose by 8 cents to reach $66.20 per barrel, while West Texas Intermediate (WTI) gained 9 cents, …

    Source: Tunisie Numerique - Neutral
  • Published on Apr 25, 2025

    Intra-day update: Rupee posts marginal gain against US dollar

    The Pakistani rupee posted marginal gain against the US dollar, appreciating by 0.10% in the inter-bank market during intra-day trading on Friday. At 10:00am, the local currency was hovering at 280.78 against the greenback, down by Re0.29 against the …

    Source: Business Recorder - Neutral
  • Published on Apr 25, 2025

    Sensex erases early gains, tanks over 950 points, Nifty slips below 24K as caution grips D-Street

    Indian benchmark equity indices reversed early gains to trade in the red for the second straight session on Friday, as investor sentiment turned cautious following a deadly terrorist attack on tourists in Kashmir, which heightened geopolitical risks. The …

    Source: The Economic Times - Pending
  • Published on Apr 25, 2025

    Exchange Rate Gap Crashes As NFEM Closes At N1601/$

    The naira exchange rate gap collapsed as the local currency closed at N1601.82 per US dollar in the Nigerian Foreign Exchange Market (NFEM) on the back of sustained Central Bank support. The Apex Bank keeps selling US dollars to banks to keep liquidity …

    Source: Biz Watch Nigeria - Indeterminate
  • Published on Apr 23, 2025

    Brent price for June delivery falls 1.95% to 66.12 dollars

    Image Credit: Notícias ao Minuto Brent crude, the benchmark for Europe, closed the session on the International Exchange trading at $1.32 below the previous day’s close of $67.44. The prevailing downward trend of the day was attributed to the potential …

    Source: Portugal Pulse - Neutral

02 days 13:51:37

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